Share Trading...

[FCSimmo]

That's what I thought, it's way too risky to be putting most of your eggs into, think I may stick to the long term plan and just have a dabble with smaller sums...

I have witnessed what a gambling addiction can do to someone so I have no intention of acquiring such a habit...

As the Arctic Monkeys rightly said "you've got to understand that you can never beat the bandit !"

good advice abounds, cheers all!

[bored]

Put it all into an exchange traded tracker fund.

No stamp duty, no dividends, capital gains tax allowance, zero time wasted.

[RightLaugh]

Put it all into an exchange traded tracker fund.

No stamp duty, no dividends, capital gains tax allowance, zero time wasted.

snap.
do a ftse 250 instead of a 100.

[chef]

without sounding too much of an idiot, a who there what now?

where would i purchase such a thing?

chef in <feeling very stooopid> mode

[beaker]

My advice would be try and learn from the professionals. Read as many Buffet books as you can (there aren't many but some are better than others) and Soros books too. Some of Soros' thinking is way above my head, which is why I prefer the long-term investment route.

Buffet's ideas aren't rocket science - buy good companies with a competitive advantage etc, there are some formulas you can follow in terms of buying companies with high returns on equity, low P/Es and plenty of cash, but he looks at the management as well.

If you are prepared to put in the time you can outperform the index by only buying the strongest companies. Otherwise pick a well managed fund that suits your investment style or just buy an index fund, sit back and relax.

[RightLaugh]

without sounding too much of an idiot, a who there what now?

where would i purchase such a thing?

chef in <feeling very stooopid> mode

read this for info - http://www.ishares.net/index.do
and this - http://www.fool.co.uk/news/Comment/2004/c040310c.htm
some more here - http://www.fool.co.uk/search/Index.a...essageID&q=etf

once happy use this to buy and sell. Either a straight dealing account or a maxi isa.

http://www.selftrade.co.uk/

[Andy2]

Why not invest as Warren Buffet does. Create a portfolio replicating his holdings . Does his portfolio beat the market ?

[mrdonuts]

warren buffet tends to buy whole companies or big chunks of them now, so it would be difficult to track

[beaker]

You could ofcourse buy a Berkshire share or two and let him do the picking for you... last time I checked they were $100K each

[DimPrawn]

You could ofcourse buy a Berkshire share or two and let him do the picking for you... last time I checked they were $100K each

$100,000 ? Wow, that's like 3 Euros isn't it?